Shares of Southern Empire Resources Corp. (CVE:SMP – Get Free Report) rose 30% during trading on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 121,000 shares were traded during mid-day trading, an increase of 81% from the average daily volume of 66,676 shares. The stock had previously closed at C$0.05.
Southern Empire Resources Stock Performance
The firm has a 50 day moving average price of C$0.05 and a two-hundred day moving average price of C$0.04. The company has a market capitalization of C$4.52 million, a P/E ratio of -0.36 and a beta of 1.20.
Southern Empire Resources Company Profile
Southern Empire Resources Corp. engages in the acquisition, exploration, and development of metals and mineral resources in North America. It explores for gold deposits. The company was formerly known as Owl Capital Corp. and changed its name to Southern Empire Resources Corp. in March 2018. Southern Empire Resources Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada.
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